BMCE Bank

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Transcript of BMCE Bank

Réalisé par:Mohamed Said MounaSara MajdoubNawfal khailiSalka Sgheyir BMCE Bank Introduction Type : Joint stock (CSE: 1100)Industry : FinanceFounded : 1959Headquarters : Casablanca, MoroccoKey people : Othman Benjelloun, CEOProducts : Financial ServicesWebsite : http://www.bmcebank.ma/ History BMCE Bank International was launched in 2007 under the name MediCapital Bank as the international wholesale arm of BMCE Group and started trading in February 2008. On September 1st 2010 MediCapital Bank changed its name to BMCE Bank International. Services BMCE Bank International currently has three core business divisions: Capital Markets, Corporate Banking, and Advisory. Capital Market The Treasury and Capital Markets division's main products offering are foreign exchange & money markets, equities sales & trading, private equity and credit trading & structuring. Corporate Banking The Corporate Banking division provides customized financing solutions to African and international clients and provides facilities across a wide range of sectors and maturities. The divion offers Structured finance services such as project finance, large-scale export finance, commodity finance, asset-backed finance, acquisitions and leverage finance, working capital needs facilities.Trade finance and Guarantees including letters of credit, forfeiting, clearing accounts, interest-bearing accounts, foreign payment and collection solutions. Advisory The Advisory division (MediCapital Finance) resulted from the acquisition of Pall Mall Capital, a corporate finance boutique based in Paris, in July 2008. Its core business focuses on South-South mid-cap transactions and on companies based in North / West Africa. The team also specialises in cross-border transactions and provides an extensive range of financial services, including M&A advisory, equity restructuring & fund raising and privatisation advisory. Plan IntroductionHistoryServicesCapital MarketsCorporate BankingThe divion offersAdvisoryConclusion BMCE Bank (Acronym in French: Banque Marocaine du Commerce Extérieur) is a large commercial bank in Morocco. According to the company's website, it operates over 500 branches in Morocco alone. BMCE has offices in France, Madrid, [UK[London]], China, Italy, Germany, Belgium and Netherlands. BMCE Group is part of the Finance.com Group, one of the largest private financial groups in Morocco. Operating both domestically and internationally, BMCE Group has four main businesses: retail banking, corporate banking, investment banking and international banking and a long experience of doing business in Africa through its on-the-ground network of offices in fifteen countries across North, West, East and Central Africa. It is listed on the Casablanca Stock Exchange with a market capitalisation of c. $US 5 billion (as at 31 December 2009). Conclusion